[Some ETFs surged, analysts: The main reason is that A-shares were closed for the National Day holiday, and funds poured in] According to Jinshi Data on October 4, market analysts pointed out that some ETFs surged because A-shares were closed, and funds poured into other markets to invest in A-shares, and on the other hand, the scale of these ETFs was not large. Chen Jiahe, chief investment officer of Beijing Jiuyuan Qingquan Technology Co., Ltd., believes that from the perspective of foreign capital, the impact of the Fed's interest rate cut is still relatively large, which means that the rate of return on funds obtained from bonds has decreased, and they need to find some risky assets; and in the past few years, foreign capital has been under-allocated to Chinese assets, or even severely under-allocated, so once the Chinese market rises, they can only chase it. "The main reason why Hong Kong stocks rose so much the previous trading day was that foreign investors wanted to invest, but the Mainland-Hong Kong Stock Connect had nothing to sell to them. Also, the mainland stock market is more certain to rise after the holidays, and funds are rushing in. There are so many new accounts and new fund subscriptions, and it is basically certain that this money will enter the market after the holidays. In this case, foreign investors want to grab chips during the holidays, and they definitely want to finish their chips before the A-share market opens." (Securities Times) (Reprinted from: Jinshi Data)